the economics of inequality discrimination poverty and mobility

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If there was any question before, there is no longer a question today: inequality, discrimination, poverty, and mobility are prominent national issues. The notion of "The American Dream" has been sold to generations of young Americans as the idea that working hard and following your dreams will allow you to break through any barriers in your path and inevitably lead to success. However, recent findings on inequality, discrimination, poverty, and mobility show that "The American Reality" is very different. The second edition of this introductory-level text brings together the essential materials on what economists have to say about these findings and brings students up to date with current thinking. It covers several ground-shattering events, such as: the election of Barack Obama followed by Donald Trump; the passage of the Affordable Care Act and attempts to repeal it; and the publication of Thomas Piketty’s Capital in the 21st Century, among many others. With an emphasis on data, theory, and policy, this book tackles these issues by exploring three key questions in each chapter: What do the data tell us about what has been happening to the American economy? What are the economic theories needed to understand what has been happening? What are the policy ideas and controversies associated with these economic problems? Key controversies are highlighted in each chapter to drive classroom discussion, and end-of-chapter questions develop student understanding. This clearly written text is ideally suited to a wide variety of courses on contemporary economic conditions, inequality, and social economics in the United States.

Synopsis: Thoroughly classroom tested, this introductory text provides a balanced, up-to-date, non-mathematical examination of the economic theory underlying the analysis of inequality, poverty, mobility, and income distribution in the United States.

Leading scholars examine the conflicting paradigms of affluence and destitution in the United States—as well as other free societies—and discuss the influence of education, race, and status on economic mobility.

"Leading scholars examine the conflicting paradigms of affluence and destitution in the United States—as well as other free societies—and discuss the influence of education, race, and status on economic mobility." -- Provided by publisher.

What new theories, evidence, explanations, and policies have shaped our studies of income distribution in the 21st century? Editors Tony Atkinson and Francois Bourguignon assemble the expertise of leading authorities in this survey of substantive issues. In two volumes they address subjects that were not covered in Volume 1 (2000), such as education, health and experimental economics; and subjects that were covered but where there have been substantial new developments, such as the historical study of income inequality and globalization. Some chapters discuss future growth areas, such as inheritance, the links between inequality and macro-economics and finance, and the distributional implications of climate change. They also update empirical advances and major changes in the policy environment. The volumes define and organize key areas of income distribution studies Contributors focus on identifying newly developing questions and opportunities for future research The authoritative articles emphasize the ways that income mobility and inequality studies have recently gained greater political significance